NACA Joins Comments to FTC on Proposed Junk Fee Rule

NACA joined a coalition of 52 state and federal consumer advocacy groups to submit comments to the Federal Trade Commission to support and suggest improvements to its proposed rule to…

Investor Groups Renew Push to Rein in Mandatory Arbitration at RIAs

AdvisorHub, Investor Groups Renew Push to Rein in Mandatory Arbitration at RIAs “As a group, the advocates want either the SEC or Congress to act, issuing regulatory or legislative reforms…

NACA in the News: Investor advocates call on SEC to end RIAs’ use of mandatory arbitration

Investment News, Investor advocates call on SEC to end RIAs’ use of mandatory arbitration “Arbitration proponents assert that it is faster and less costly than the court system, which benefits…

NACA Joins Letter Urging Vote on TICKET Act

NACA joined other members of the Ticket Buyer Bill of Rights Coalition on a letter to the U.S. House requesting a full floor vote of the TICKET Act, H.R. 3950.

NEW INVESTOR ADVOCACY COALITION CALLS ON SEC, CONGRESS TO FIX RIA FORCED ARBITRATION PROBLEMS

Formation of Investor Advocacy Coalition Follows Increasing Complaints from Wronged Investors, Scathing SEC OIA Report That Found RIAs in ‘Violation of the Fiduciary Duty’; Groups Calling for Reforms to Industry-Favored…

Letter: NACA Joins Letter to SEC Calling for Rule on Forced Arbitration

Public interest groups sent a letter to the Securities and Exchange Commission urging the Commission to issue a rule prohibiting forced arbitration clauses in investment adviser and broker-dealer contracts with…

Groups Send Letter to Senate in Support of Consumer Tax Bill

Public interest groups sent a letter to the Senate Finance Committee expressing support for the reintroduced End Double Taxation of Successful Consumer Claims Act, S. 3459. The bill would amend…

CFPB’s Proposed Rule Will Protect Consumers From Excessive, Unfair Banking Fees

January 17, 2024 For Immediate Release: CFPB’s Proposed Rule Will Protect Consumers From Excessive, Unfair Banking Fees WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau proposed a rule that…

NACA Joins Letter in Support of Department of Labor’s Retirement Security Rule

NACA signed on to a letter in support of the Department of Labor’s Retirement Security Rule which would strengthen protections for retirement investors seeking professional investing advice.